SOKOEL
ActiveSummary
SOKOEL has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.9m and a net result of €1.1m. Equity is growing by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 65% of 4834 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-2
Solvency74▲+3
Growth67▼-4
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290,000 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.14 in 2023; short-term debt: 33.4% and cash: 1.7% of total assets), and 51% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49%
Return on assets
13.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
26 d late
2022
5 d early
2021
60 d late
2020
30 d late
2019
87 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, full schema
In the rankings
#7 company by total assets in Sint-Pieters-Leeuw, Real estate sector#7 company by equity in Sint-Pieters-Leeuw, Real estate sector
Turnover
€24.6m=
2023 · €24.6m
EBIT margin
4.6%▲ 0.2pp
2023 · 4.4%
Net result
€1.1m▼ 1.9%
2023 · €1.1m
Working capital
€225,414▼ 32.2%
2023 · €332,377
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€22.8m€24.6m▲ 7.7%€24.6m=
Operating result€730,665▼ 9.3%€148,993▼ 79.6%€531,054▲ 256%€1.1m▲ 105%€1.1m▲ 4.9%
Net result€475,781above the sector's middle half▼ 6.0%€85,681within the sector's middle half▼ 82.0%€368,848above the sector's middle half▲ 330%€1.1mabove the sector's middle half▲ 196%€1.1mabove the sector's middle half▼ 1.9%
EBIT margin2.3%4.4%▲ 2.1pp4.6%▲ 0.2pp
Equity€1.9mabove the sector's middle half▲ 32.5%€2.0mabove the sector's middle half▲ 4.3%€2.4mwithin the sector's middle half▲ 18.2%€3.2mabove the sector's middle half▲ 36.0%€3.9mabove the sector's middle half▲ 20.9%
Total assets€6.1mabove the sector's middle half▲ 101%€6.6mabove the sector's middle half▲ 8.2%€6.8mwithin the sector's middle half▲ 2.5%€7.1mwithin the sector's middle half▲ 4.8%€8.0mwithin the sector's middle half▲ 13.2%
Debt€4.2m▲ 165%€4.6m▲ 9.9%€4.4m▼ 4.4%€3.8m▼ 12.2%€4.1m▲ 6.7%
Working capital€466,236within the sector's middle half▼ 53.8%€38,539within the sector's middle half▼ 91.7%-€97,180within the sector's middle half€332,377within the sector's middle half€225,414within the sector's middle half▼ 32.2%
Solvency31.8%within the sector's middle half▼ 16.5pp30.7%within the sector's middle half▼ 1.1pp35.3%within the sector's middle half▲ 4.7pp45.8%within the sector's middle half▲ 10.5pp49.0%within the sector's middle half▲ 3.1pp
Current ratio1.31within the sector's middle half▼ 0.621.02within the sector's middle half▼ 0.300.96within the sector's middle half▼ 0.061.14within the sector's middle half▲ 0.181.08within the sector's middle half▼ 0.06
Return on assets (ROA)7.8%above the sector's middle half▼ 8.9pp1.3%within the sector's middle half▼ 6.5pp5.5%above the sector's middle half▲ 4.2pp15.4%above the sector's middle half▲ 10.0pp13.4%above the sector's middle half▼ 2.1pp
Staff (FTE)6.8above the sector's middle half▲ 6.3%7.7above the sector's middle half▲ 13.2%5.4within the sector's middle half▼ 29.9%6.3within the sector's middle half▲ 16.7%6.3above the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2022 Net result +330% on 2021. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.0m
Fixed assets
€5.1m ▲ 16.8%
Current assets
€2.9m ▲ 7.4%
Equity and liabilities €8.0m
Equity
€3.9m ▲ 20.9%
Debt
€4.1m ▲ 6.7%
Debt's share of the balance-sheet total falls from 54.2% to 51.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.4m▲
2023 · €1.3m
Cash flow
€1.3m▼
2023 · €1.3m
Quick ratio
0.85▼
2023 · 0.88
Debt to equity
1.04▼
2023 · 1.18
ROE
27.3%▼
2023 · 33.6%
Interest coverage
19.42▼
2023 · 25.62
Debt ≤ 1 year
€2.7m▲
2023 · €2.4m
Debt > 1 year
€1.4m▼
2023 · €1.5m
Income taxes
€287,877▲
2023 · €277,047
Staff costs
€343,866▲
2023 · €314,335
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €22.9m | €24.7m | €24.9m | ▲ 0.4% |
| Turnover70 | - | - | €22.8m | €24.6m | €24.6m | = |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | -€8,320 | €31,076 | €73,996 | ▲ 138% |
| Other operating income74 | - | - | €74,455 | €83,049 | €97,383 | ▲ 17.3% |
| Non-recurring operating income76A | - | €66,116 | - | €24,244 | €72,605 | ▲ 199% |
| Operating charges60/66A | - | - | €22.4m | €23.7m | €23.7m | ▲ 0.2% |
| Goods for resale, raw materials and consumables60 | - | - | €20.5m | €21.8m | €21.7m | ▼ 0.1% |
| Purchases600/8 | - | - | €20.7m | €21.9m | €21.7m | ▼ 0.8% |
| Change in stocks: decrease (increase)609 | - | - | -€118,317 | -€77,114 | €67,297 | ▲ 187% |
| Services and other goods61 | - | - | €1.2m | €1.3m | €1.3m | ▲ 3.1% |
| Remuneration, social security and pensions62 | - | €418,379 | €307,982 | €314,335 | €343,866 | ▲ 9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €147,694 | €209,256 | €229,487 | €251,781 | €249,064 | ▼ 1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€12,778 | €24,338 | -€5,570 | €27,289 | ▲ 590% |
| Other operating charges640/8 | - | €41,322 | €31,991 | €53,467 | €32,309 | ▼ 39.6% |
| Non-recurring operating charges66A | - | - | - | €512 | €5,182 | ▲ 912% |
| Gross operating margin9900 | €1.2m | €805,172 | - | - | - | - |
| Operating profit (loss)9901 | €730,665 | €148,993 | €531,054 | €1.1m | €1.1m | ▲ 4.9% |
| Financial income75/76B | - | €3,739 | €18,702 | €336,101 | €288,928 | ▼ 14.0% |
| Recurring financial income75 | €9,678 | €3,739 | €18,702 | €336,101 | €288,928 | ▼ 14.0% |
| Income from financial fixed assets750 | - | - | - | €325,344 | €278,734 | ▼ 14.3% |
| Income from current assets751 | - | - | €17,951 | €2,121 | €78 | ▼ 96.3% |
| Other financial income752/9 | - | - | €751 | €8,636 | €10,117 | ▲ 17.1% |
| Financial charges65/66B | - | €54,452 | €43,664 | €55,183 | €71,685 | ▲ 29.9% |
| Recurring financial charges65 | €57,882 | €54,452 | €43,664 | €55,183 | €71,685 | ▲ 29.9% |
| Debt charges650 | - | - | €40,493 | €52,251 | €71,565 | ▲ 37.0% |
| Other financial charges652/9 | - | - | €3,171 | €2,932 | €120 | ▼ 95.9% |
| Profit (loss) for the period before taxes9903 | €682,461 | €98,280 | €506,092 | €1.4m | €1.4m | ▼ 0.8% |
| Income taxes67/77 | €206,680 | €12,599 | €137,244 | €277,047 | €287,877 | ▲ 3.9% |
| Taxes670/3 | - | - | €137,244 | €277,047 | €287,877 | ▲ 3.9% |
| Profit (loss) for the period9904 | €475,781 | €85,681 | €368,848 | €1.1m | €1.1m | ▼ 1.9% |
| Profit (loss) for the period to be appropriated9905 | €475,781 | €85,681 | €368,848 | €1.1m | €1.1m | ▼ 1.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.1m | €6.6m | €6.8m | €7.1m | €8.0m | ▲ 13.2% |
| Fixed assets21/28 | €4.1m | €4.5m | €4.3m | €4.4m | €5.1m | ▲ 16.8% |
| Intangible fixed assets21 | €40,119 | €46,225 | €23,310 | €1,474 | - | - |
| Tangible fixed assets22/27 | €1.1m | €1.4m | €1.3m | €1.4m | €2.1m | ▲ 53.5% |
| Land and buildings22 | - | €622,595 | €225,000 | €225,000 | €225,000 | = |
| Plant, machinery and equipment23 | - | €460,367 | €474,042 | €424,957 | €379,683 | ▼ 10.7% |
| Furniture and vehicles24 | - | €296,591 | €223,030 | €231,791 | €243,702 | ▲ 5.1% |
| Leasing and similar rights25 | - | €48,272 | - | €100,719 | €500,339 | ▲ 397% |
| Other tangible fixed assets26 | - | €12,169 | €394,333 | €390,838 | €759,197 | ▲ 94.2% |
| Financial fixed assets28 | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Affiliated companies280/1 | - | - | €3.0m | €3.0m | €3.0m | = |
| Participating interests280 | - | - | €3.0m | €3.0m | €3.0m | = |
| Other financial fixed assets284/8 | - | - | €363 | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | €363 | - | - | - |
| Current assets29/58 | €1.9m | €2.1m | €2.4m | €2.7m | €2.9m | ▲ 7.4% |
| Stocks and contracts in progress3 | €389,170 | €395,666 | €505,663 | €613,853 | €620,551 | ▲ 1.1% |
| Stocks30/36 | - | €395,666 | €505,663 | €613,853 | €620,551 | ▲ 1.1% |
| Finished goods33 | - | - | €241,450 | €272,526 | €346,521 | ▲ 27.2% |
| Goods purchased for resale34 | - | - | €264,213 | €341,327 | €274,030 | ▼ 19.7% |
| Amounts receivable within one year40/41 | €1.2m | €1.6m | €1.8m | €2.0m | €2.1m | ▲ 6.6% |
| Trade receivables40 | - | €1.5m | €1.6m | €2.0m | €2.1m | ▲ 9.4% |
| Other amounts receivable41 | - | €90,658 | €172,809 | €57,883 | €6,767 | ▼ 88.3% |
| Cash at bank and in hand54/58 | €379,074 | €145,796 | €107,419 | €74,929 | €135,661 | ▲ 81.1% |
| Deferred charges and accrued income490/1 | - | €2,268 | €1,875 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.1m | €6.6m | €6.8m | €7.1m | €8.0m | ▲ 13.2% |
| Equity10/15 | €1.9m | €2.0m | €2.4m | €3.2m | €3.9m | ▲ 20.9% |
| Contributions10/11 | €185,947 | €185,947 | €185,947 | €185,947 | €185,947 | = |
| Capital10 | - | €185,947 | €185,947 | €185,947 | €185,947 | = |
| Issued capital100 | - | €185,947 | €185,947 | €185,947 | €185,947 | = |
| Reserves13 | €1.7m | €1.8m | €1.8m | €1.6m | €1.2m | ▼ 24.6% |
| Non-distributable reserves130/1 | - | €46,051 | €46,051 | €46,051 | €46,051 | = |
| Legal reserve130 | - | €46,051 | €46,051 | €46,051 | €46,051 | = |
| Distributable reserves133 | - | €1.8m | €1.8m | €1.6m | €1.2m | ▼ 25.3% |
| Profit (loss) carried forward14 | - | - | €367,248 | €1.5m | €2.5m | ▲ 73.4% |
| Amounts payable17/49 | €4.2m | €4.6m | €4.4m | €3.8m | €4.1m | ▲ 6.7% |
| Amounts payable after more than one year17 | €2.7m | €2.5m | €1.9m | €1.5m | €1.4m | ▼ 3.5% |
| Financial debts170/4 | - | €2.5m | €1.9m | €1.5m | €1.4m | ▼ 3.5% |
| Leasing and similar obligations172 | - | - | - | €52,761 | €314,357 | ▲ 496% |
| Credit institutions173 | - | - | €1.9m | €1.4m | €1.1m | ▼ 22.1% |
| Amounts payable within one year42/48 | €1.5m | €2.1m | €2.5m | €2.4m | €2.7m | ▲ 13.0% |
| Current portion of amounts payable after more than one year42 | - | €675,299 | €651,372 | €592,414 | €717,101 | ▲ 21.0% |
| Financial debts43 | - | €247,658 | €345,477 | €345,000 | €345,000 | = |
| Credit institutions430/8 | - | €247,658 | €345,477 | €345,000 | €345,000 | = |
| Trade debts44 | €416,536 | €1.1m | €1.5m | €1.1m | €1.1m | ▼ 5.0% |
| Suppliers440/4 | - | €1.1m | €1.5m | €1.1m | €1.1m | ▼ 5.0% |
| Taxes, remuneration and social security45 | - | €67,164 | €29,374 | €203,321 | €293,074 | ▲ 44.1% |
| Taxes450/3 | - | €29,151 | €8,893 | €144,670 | €262,073 | ▲ 81.2% |
| Remuneration and social security454/9 | - | €38,014 | €20,481 | €58,651 | €31,001 | ▼ 47.1% |
| Other amounts payable47/48 | - | €1,600 | €1,600 | €110,256 | €259,276 | ▲ 135% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €475,781 | €85,681 | €368,848 | €1.1m | €1.1m | ▼ 1.9% |
| + Depreciation and write-downs630 | €147,694 | €209,256 | €229,487 | €251,781 | €249,064 | ▼ 1.1% |
| Operating cash flow (approximation) | €623,474 | €294,937 | €598,335 | €1.3m | €1.3m | ▼ 1.8% |
| Investment in fixed assets (approximation) | - | -€555,010 | -€81,082 | -€286,483 | -€982,205 | ▼ 243% |
| Change in cash | - | -€233,278 | -€38,377 | -€32,491 | €60,733 | ▲ 287% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €1.1m ▲196%
Net result €1.1m, the highest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
31-12
Financial
Weakest financial yearnet €85,681 ▼82%
Net result drops to €85,681, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €2mEq €2.0m ▲4.3%
4 profitable years in a row build equity to €2.0m.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 87 days late
2019
31-12
Financial
Equity above €1mEq €1.5m ▲52.7%
2 profitable years in a row build equity to €1.5m.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2020
Ground area
8,924 m²
Building footprint
2,221 m²
Volume, LiDAR
4,784 m³
Parcel 23583G0435/00B000, Flanders · tallest building 8.9 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
HURIKO-BEEF NV
since 20202.312.486.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23583G0435/00B000 | Flanders | 8,924 m² | 1 · 2,221 m² | 8.8 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2024 annual accounts of SOKOEL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 294 EUR awarded · 294 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 294 EUR | 294 EUR |
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Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. 2,948 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
77399Renting and leasing of other machinery, equipment and tangible goods
77520Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473038019
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.